June CAD has created a H&S and is below the 20 day MA. Looking for a fall through S2 to S3 where we may get a bullish Gartley. The possibility for CAD to make a run to .77900 is possible was well, but RSI may not take it there without a flag or two.
Kommentera:
CAD fell further and now has broken neckline on H&S. Target for now is R3 at .78820
Kommentera:
Pause on the CAD looking for flag.
Kommentera:
A bump up from S3 on CAD. Would expect a rise to S3 at least at .79625
Kommentera:
Bull Gartley was made yesterday.
Kommentera:
USD up sharpley and over 20 day MA, expect further upside, so down for CAD. Double bottom .77810. That would be the height of the head of H&S.
Kommentera:
CAD continues to fall off of H&S. Found initial prediction and now has surpassed it. Next downside target is .77680 previous S2 and double bottom.
Trade stängt manuellt:
New Pivots
